Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2012

Financial Instruments [Abstract]

Summary of the fair value of the Company's derivative contracts

		Fair Value Asset					Fair Value Liability
(in $ millions)	Balance Sheet Location	September 30, 2012		December 31, 2011		Balance Sheet Location	September 30, 2012			December 31, 2011
Interest rate swaps	Other current assets		—		—	Accrued expenses and other current liabilities		(4	)		(4	)
Interest rate swaps	Other non-current assets		—		—	Other non-current liabilities		—			(2	)
Foreign currency contracts	Other current assets		6		2	Accrued expenses and other current liabilities		(1	)		(33	)
Foreign currency contracts	Other non-current assets		2		—
Total fair value of derivative assets (liabilities)			8		2			(5	)		(39	)

Summary of reconciliation of the carrying amount of derivative financial instruments, net liability position

(in $ millions)
Balance as of January 1, 2012	(37	)
Total losses for the period included in net loss	(11	)
Net settlement of foreign currency derivative contracts related to euro denominated debt	40
Settlement of interest rate derivative contracts	4
Termination of foreign exchange derivative contracts (settlement pending)	7
Balance as of September 30, 2012	3

Schedule of impact that changes in fair values of derivatives

		Amount of Gain (Loss) Recorded into Income (Loss)
		Three Months Ended September 30,						Nine Months Ended September 30,
(in $ millions)	Location of Gain (Loss) Recorded in Income (Loss)	2012			2011			2012			2011
Derivatives designated as hedging instruments:
Interest rate swaps	Interest expense, net		—			(2	)		—			(7	)
Derivatives not designated as hedging instruments:
Interest rate swaps	Interest expense, net		(2	)		2			(3	)		(9	)
Foreign exchange impact of cross currency swaps	Selling, general and administrative		—			(1	)		—			14
Foreign currency contracts	Selling, general and administrative		3			(63	)		(8	)		3
			1			(64	)		(11	)		1

Fair values of the Company's other financial instruments

	September 30, 2012						December 31, 2011
(in $ millions)	Carrying Amount			Fair Value			Carrying Amount			Fair Value
Asset (liability)
Investment in Orbitz Worldwide		80			124			77			184
Derivative assets		8			8			2			2
Derivative liabilities		(5	)		(5	)		(39	)		(39	)
Total debt		(3,384	)		(2,742	)		(3,407	)		(2,353	)